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Trillion dollar debt?
Posted March 8th, 2010 by Michelle Flaming
I am sitting at a conference where the analogy was given to us about how large is a trillion dollars. A trillion dollars is too large for the most of us to understand. So lets think about it this way. If a person makes $50,000 a year it would take 20 years to make a million dollars. If a person makes $50,000 a year it would take 20,000 years to make a billion dollars. It would take 20,000,000, that's 20 million years at $50,000 a year to make a trillion dollars.
Think about how many generations will be in debt with a national debt of more than a trillion dollars.
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